Memories of allegedly murdered men marked in Mardi Gras

Among the usual revelry there was space to remember Luke Davies and Jesse Baird as Sydney's Gay and Lesbian Mardi Gras passed near an inner-city home that became a memorial.

The pair were allegedly murdered on February 19 at a terrace in Paddington, about one kilometre from Darlinghurst's Taylor Square, the focal point of the parade's march on Oxford Street on Saturday night.

The lead-up to the parade was a challenging week, Mardi Gras chief executive Gil Beckwith said.

"Obviously the loss of those two beautiful young men has been quite heartbreaking for so many in our community," she told ABC TV during the parade.

Marchers wore rainbow kangaroos on their shirts behind a float featuring Luke Davies' name on the nose cone of a Qantas plane in honour of the 29-year-old flight attendant.

Sydney Swans marked the deaths of Mr Baird with black armbands for the 26-year-old AFL umpire as they marched up Oxford Street.

The bodies of the two men were found inside surfboard bags at the fence line of a rural property in Bungonia near Goulburn, about 200km southwest of Sydney, on Tuesday.

NSW Police officer Beau Lamarre-Condon, 28, is in custody charged with murdering the pair at Mr Baird's Paddington home.

Flowers filled the terrace's fence throughout the week, one bouquet adorned with a scale-model Qantas plane, while an AFL umpire guernsey was also left at the scene.

The commemorations in Saturday night's parade followed a vigil for the pair on Friday night, where mourners remembered the pair's dazzling smiles and love for life.